Venezuela

Compared with India, using real observed prices.

Baseline: India = 1×

Venezuela vs

India

Overall verdict

Venezuela is about 0.25× India.

Average across 3 categories, 4 items with data

The shape of prices (vs India = 1×)

How to read this

The centre line is India. A bar running right means Venezuela is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than

India India = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×1.61
⚡ Utilities 1 item

×0.90
⛽ Transport 2 items

×0.01

Thin bar shows the range (cheapest to priciest item in the category)

In Venezuela, Big Mac costs 1.6× what it does in India — but Diesel 1L costs only 0.0×. What is expensive here is labour, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Big Mac 1 burger ×1.61

Venezuela ₹365.20 VES 1,370

India ₹227.00 INR 227

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.90

Venezuela ₹6.45 USD 0.069

India ₹7.19 USD 0.077

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.03

Venezuela ₹3.33 USD 0.035

India ₹107.44 USD 1.128

Observed 2026-07-20 · GlobalPetrolPrices.com
Diesel 1L 1 L ×0.00

Venezuela ₹0.38 USD 0.004

India ₹96.96 USD 1.018

Observed 2026-07-20 · GlobalPetrolPrices.com